Exemption from mandatory requirement of PAN

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....dam, Sub:- Exemption from mandatory requirement of PAN 1. Please refer to SEBI circular No. MRD/DoP/Cir- 05/2007 dated April 27, 2007 on the captioned subject. 2. As you may be aware, SEBI vide circular Nos. MRD/DoP/Dep/Cir-09/06 and MRD/DoP/SE/Cir-13/06 dated July 20, 2006 and September 26, 2006 exempted investors residing in the state of Sikkim from the mandatory requirement of PAN for ....